eToro subsidiary of the blockchain global investment platform now has a new eToroX platform which announced to be listing the EOS crypto-asset now available for trading as we are reading further in the EOS news today.
As of today, EOS will be both the counter and base currency for trading pairs on the eToro subsidiary EtoroX and can be traded against other crypto assets including a few fiats stablecoins pairs. The Paris comprise Bitcoin (BTC-EOS), Ethereum (ETH-EOS), Stellar (EOS-XLM), USD (EOS-USDEX), GBP (EOS-GBPX) and the Japanese Yen (EOS-JPYX). With the launch of the EOS on the new eToroX, it is now one of the few crypto and blockchain exchanges that have all of the top cryptocurrencies listed- Ethereum, bitcoin, stellar, XRP, and EOS paired against multiple fiat stablecoins.
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eToroX managing Director Doron Rosenblum commented about the vision of the exchange and why they decided to open up access to the tokenized world and he said:
“We believe that we can leverage blockchain technology to open up financial markets. The flexibility, scalability, and secure processing capabilities of the EOSIO protocol significantly help the push towards mass adoption, which is an integral part of our ethos. We are extremely excited to add an EOSIO-based crypto asset to our secure and regulated exchange. The launch of yet another blockchain protocol shows how the eToroX Exchange is continuing to grow and expand into a significant presence in the cryptosphere.”
EOSIO software powers the EOS smart contract platform and the entire decentralized operating system. The EOS token provides both storages on the blockchain and bandwidth enabling ownership that is proportional to the total stake plus the owner participation in the on-chain governance of the blockchain. The exchange, on the other hand, is consistently identifying new and important technological advancements and the robust EOS offering is now a testament to the support for open source innovation.
The CEO and co-founder of eToro Yoni Assia commented:
“EOS is one of the foremost projects in the world of Blockchain. By adding the EOS token as a base/counter currency for trading pairs on the eToroX crypto Exchange, we are enhancing and strengthening our well-established connection with EOS.”
Over the past few months, eTorox continues its goal of providing access to the world of crypto trading to more people and it will also launch more new crypto assets and stablecoins and announce further trading pairs where more currencies are pegged to fiat counter currencies.
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